TLDR:
- TPG RE Finance Trust Inc. reported fourth-quarter earnings of $6.4 million.
- Losses, adjusted for non-recurring gains, came to $2.05 per share.
TPG RE Finance Trust Inc. (TRTX) reported fourth-quarter earnings of $6.4 million, with a net income of 3 cents per share. However, adjusted losses were $2.05 per share, missing Wall Street expectations of a loss of 21 cents per share. The New York-based company posted revenue of $94.3 million, with adjusted revenue at $31.5 million. Overall, the results were below analyst predictions.
This article highlights the financial performance of TPG RE Finance Trust Inc. in the fourth quarter, showcasing the discrepancy between reported earnings and Wall Street expectations. The company’s revenue and adjusted revenue figures are also discussed, painting a comprehensive picture of its financial standing.